5020 41ST AVE S MINNEAPOLIS MN 55417

PID: 1802823420036

Property Overview

Parcel ID1802823420036

Lot Size7,712 sq ft (0.177 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerC J PASTERSKI & D SIEGEL

Assessed Value$496,000

Land Value$156,000

Building Value$340,000

Annual Tax$8,966

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth89 ft

Area~4,424 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 4,424 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5026 41ST AVE S MINNEAPOLIS MN 55417	CAROLYN JENKINS	RESIDENTIAL	$355,800	60 ft
5014 41ST AVE S MINNEAPOLIS MN 55417	P C BROGHAMMER & M R POJAR	RESIDENTIAL	$319,200	60 ft
5030 41ST AVE S MINNEAPOLIS MN 55417	P A ENZ & C A JACOBSON	RESIDENTIAL	$399,800	120 ft
5021 40TH AVE S MINNEAPOLIS MN 55417	JULIE A DOHERTY	RESIDENTIAL	$367,600	142 ft
5015 40TH AVE S MINNEAPOLIS MN 55417	K I CHIRPICH & L I CHIRPICH	RESIDENTIAL	$388,500	154 ft
5025 40TH AVE S MINNEAPOLIS MN 55417	JAMES BURNS & DEBORAH BURNS	RESIDENTIAL	$311,400	155 ft
5036 41ST AVE S MINNEAPOLIS MN 55417	DHEA E TAIT	RESIDENTIAL	$342,800	180 ft
4017 50TH ST E MINNEAPOLIS MN 55417	M ROSENTHAL & D ROSENTHAL	RESIDENTIAL	$384,700	181 ft
4027 50TH ST E MINNEAPOLIS MN 55417	R BORAAS & N T BORAAS	RESIDENTIAL-TWO UNIT	$527,000	184 ft
5031 40TH AVE S MINNEAPOLIS MN 55417	S A RICHARDS & W VISCO	RESIDENTIAL	$348,100	187 ft

Property History

Most Recent Sale

Date202008

Price$425,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,966